Hey all, I have a very high level tax strategy question / hypothetical as a sole proprietor LLC.
Let’s say I own a place worth $100k. After expenses, I net $15k in cash flow at the end of the year.
I then take tha...
Hey guys!This is actually my very first post on the Bigger Pockets site. I started listening to the podcasts a month ago and can't get enough - I am thirsty for knowledge. So, now I have lots of good books to read and...
I currently live in London and have some money in the U.S. I'll need to buy a personal residence and cars when I return in July 2016. My question is should I loan this to a business partner who wants to complete a fli...
Hey BP, I'm a wholesaler here in Raleigh, NC and I recently purchased a new list that outlined two criteria. The first was that they were and absentee owner of a property in a given county. The next was that they made...
Hello everybody, I wanted to take a few minutes and introduce myself. My name is Jeremy and I am an E-6/TSgt in the Air Force Security Forces. I have been stationed overseas for about the past 7 years and my tour he...
I need help! I planned to buy a duplex, everything was going good until 2 days before closing I found out that one of the tenants haven’t paid rent yet for this month, I did a final walkthrough and the place was very ...
Strong Investor Confidence In Resilient Property Sector“Previous crises have shown that prices recover immediately once market sentiment and business activities start to improve. During the Asian financial crisis, pri...
I have not been collecting application fees from prospective tenant buyers and was wondering what the general pros and cons are for this practice. I would think it would "weed" out the tire kickers quickly but wou...
Hi everyone can anyone tell me how to value a wholesale deal or how to make a offer I have a house whats worth 77,506 dollars, she needs to sell for tax reasons thanks
Usually not an issue, but this multifamily property I'm looking at is priced pretty high. It's a 2b 2 ba Duplex (1-1 on each) for 175,000I'm a Realtor and my CMAs are coming around 138,000 on the high end. I can take ...